European Uranium Retains Renmark Financial Communications Inc.
Vancouver, March 14, 2012 - European Uranium Resources Ltd. (EUU: TSX-V; TGPN: Frankfurt) (the "Company") is pleased to announce that it has retained the services of Renmark Financial Communications Inc. ("Renmark") to provide investor relations services to the Company.
"We are pleased to announce that we have selected Renmark to reinforce and raise European Uranium's profile in the financial community and enhance the visibility of our project portfolio. We chose Renmark because its standards and methodologies fit best with the message we wish to communicate to the investing public, focusing specifically on retail brokers," noted Dorian (Dusty) Nicol, President and CEO of European Uranium.
The Company has retained Renmark for a minimum of six months at a monthly retainer of $5,000 and a month to month basis thereafter.
Renmark does not have any interest, directly or indirectly, in European Uranium or its securities, or any right or intent to acquire such an interest.
About European Uranium Resources Ltd.
European Uranium Resources Ltd. (formerly Tournigan Energy Ltd.) is a dedicated European uranium exploration and development company that has built a portfolio of outstanding projects in Slovakia, Sweden and Finland at all stages of the exploration / development pipeline. European Uranium is well placed to become the key uranium exploration and development company in Europe. Europe is the world's largest per capita consumer of uranium with 160 reactors and more under construction or planned, but with only one currently operating uranium mine. The Company's Kuriskova Project in Slovakia could be one of the world's lowest cost uranium producers. European Uranium has a strong base of supportive shareholders including AREVA, ranked first in the global nuclear power industry and a key player in uranium mining and nuclear operations on a world-wide basis.
EUROPEAN URANIUM RESOURCES LTD.
Dorian L. (Dusty) Nicol, President and CEO
For further information please contact: Doris Meyer, at (604) 536-2711, or visit www.euuranium.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.